Neiman Marcus, Inc. reported May comps plunged 23.5%. Net sales were down 21.5% to $246 million from $313 million. In the four-week May period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 27%. The company experienced weakness across all geographies and merchandise categories in the Specialty Retail Stores segment.
Comparable revenues at Neiman Marcus Direct in the four-week May period decreased 1.3%.
